The entrance to the building of the European Commission in Brussels.
BRUSSELS, 5 Nov — Alexander Shishlo. Blocking the European Union regulations will not protect him from sanctions, the US assets in the country belonging to the trade operators of the EU, said a diplomatic source in Brussels.
The European Union introduced on August 7 in the updated blocking rules (Statute), essentially abolishing the EU extraterritorial effect of US sanctions against Iran. The President of the United States Donald trump announced in may that Washington is out of agreement with Iran on its nuclear program. He announced the restoration of all sanctions against Iran including secondary in relation to other countries doing business with Iran. Part of the sanctions Washington imposed on 7 August and 5 November, the U.S. Treasury contributed to the sanctions list of more than 700 individuals, organizations, aircraft and ships to Iran, including 14 of the largest banks, thus excluding from sanctions on Iranian oil exports to eight countries. One of the reasons for the imposition of sanctions, the United States called Iran’s support of terrorism.
“The blocking rules of the European Union will not protect him from sanctions, the US assets in the country belonging to the trade operators of the EU. The US government can go to the seizure of such assets or the imposition of penalties against them”, — said the Agency interlocutor.